[lucysmom]

Unions (whose wages basically constitute "price controls" which do not compete in a free market) will be broken, and their powerful lefty bosses will be a lot less powerful...meanwhile, former union workers will find new jobs (with wages more in line with what the free market will sustain) in an American economy which will continue to be robust. Perhaps they will find jobs with companies who will be performing well due to lower operating costs by shipping goods via Mexico.

Perhaps, too, landlords will lower the rents they charge, home owners will be willing to sell for less, medical services will become more affordable, and utilities will lower their rates to bring the cost of living in line with the new Mexican wages.

[BaBaStooey]

I wouldn't call it "mexican wages," I would call it somewhere in between what Mexican dock workers currently make and the price controlled-wages that American unionized dock workers currently make.

And I think everyone knows that if no one is buying, the free market forces you to lower your price.